PickupTrucks.com: GM Developing New Small Truck?
While other manufacturers have announced plans to completely abandon the slow-selling midsize pickup segment, General Motors apparently thinks there's still life and new opportunity to be found in small trucks. GM is said to be working on a new compact runabout that's reminiscent of the original Chevrolet S-10, according to our sources.
The current Chevrolet Colorado and GMC Canyon twins have been steadily losing sales and market share over the past few years. Year to date, the Colorado is down 30.3 percent from a year earlier and the Canyon is off 28.5 percent. Newly retired former GM vice chairman Bob Lutz said in February that the future of the two trucks were uncertain and, last year, Louisiana Gov. Bobby Jindal said it was GM's plan to end production at the Shreveport plant where the Colorado and Canyon are produced by 2012.